The Anti-Corruption and Civil Rights Commission Begins Comprehensive Investigation of National Assembly Members' Virtual Assets

The Anti-Corruption and Civil Rights Commission (ACRC) is launching a full-scale survey on the virtual asset status of members of the National Assembly.

On the 12th, the ACRC announced the formation of the "Special Investigation Team on National Assembly Members' Virtual Assets" and the commencement of a full investigation into the acquisition, trading, and loss status of virtual assets by the 21st National Assembly members.

The special investigation team, led by Vice Chairman and Secretary-General Jeong Seung-yoon, will deploy 30 professional investigators and operate jointly with related government departments for 90 days starting from the 18th. The investigation targets and scope cover the virtual asset status acquired, traded, or lost domestically by National Assembly members who submitted personal information consent forms, from the start of the 21st National Assembly's term on May 30, 2020, to May 31, 2023.

This investigation is conducted with the consent of both ruling and opposition parties. On the 4th, personal information collection, use, and third-party provision consent forms from members of the People Power Party and the Democratic Party of Korea were submitted to the ACRC. This follows the National Assembly's resolution on "Voluntary Reporting and Investigation of Virtual Assets" passed in May. The Justice Party, Basic Income Party, and Transition Korea, which had previously submitted personal information consent forms, resubmitted them in accordance with the forms submitted by the two major parties. Independent members of the National Assembly and some minor negotiation groups are submitting personal information consent forms voluntarily.

Jeong Seung-yoon, Vice Chairman and Secretary General of the Anti-Corruption and Civil Rights Commission, is making a statement on June 12 at the Government Complex Seoul in Jongno-gu, Seoul, regarding the National Assembly's comprehensive investigation of virtual assets. Photo by Jo Yong-jun jun21@

The ACRC plans to verify this information to check whether it matches the reports submitted by the National Assembly members. Vice Chairman Jeong Seung-yoon stated, "Since this is an issue of great public interest, we will conduct the investigation swiftly and fairly according to laws and principles," adding, "We will strictly maintain the confidentiality of the data obtained during the investigation process, including personal information consent forms."

This content was produced with the assistance of AI translation services.